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Polar Engineering Limited

07153945

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

12 WILLOW WAY, HEMEL HEMPSTEAD, HP1 3EZ
Incorporated 10/02/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Lee Glazebrook

secretary · Since 10/02/2010

Mr Christopher Mark Allen

director · Since 10/02/2010

ENGINEER

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Persons with Significant Control

Mr Christopher Mark Allen

25–50% shares

British · England · Age 63

12, Willow Way, Hemel Hempstead, HP1 3EZ

Notified 06/04/2016

CompanyRankvs 8672+ SIC 32990 peers
66

Financial strength55th percentile among SIC peers · 14/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2026

Net Worth

£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£16k

Current Liabilities

£0

Fixed Assets

£0

0avg. employees

Balance Sheet

Assets less current liabilities£16k
Signed by 1.3.25Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2026Infinity+£0
2026Infinity+£0
202511.40+£9k
20247.05+£2k
20235.63+£1k
20229.15+£1k
20216.82

Derived from filed accounts. Not audited figures.